Trade Gold Trading

What is the Smallest Deposit Needed to Start a Mini Type Account?

Minimum Financial Requirement for Commencing Intra-Day Trading Using a Mini Account

Minimum deposit required to open a trading Mini account is $100.

With a $100 minimum deposit for a Mini Account, traders can open an account and start trading Mini lots.

The Mini Account uses Mini Lots when opening new trades.

1 Mini Lot is equal to 1 tenth of the standard lot

The Pip value amount calculation for 1 Pip in a Mini xauusd account is equivalent to $1. Therefore traders that are using this Mini account using Mini contracts will make a profit of $1 per 1 pip movement if the position moves in their trade direction or make loss of $1 per pip move if the position decides to move against their trade direction.

This Mini xauusd account is best for new traders because one can trade using smaller lots - Mini lots and learn how to trade without investing a lot of capital in their Mini xauusd account.

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